Price hikes, diminished quality, growing inequality and the meaning of luxury itself were under the microscope at the FT’s Business of Luxury Summit this week as the sector struggles to recover from a downturn, writes Imran Amed.
Category: Fashion
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Master Perfumer Olivier Creed Has Died
The sixth-generation leader of the company and creator of the blockbuster Aventus perfume has died, the company confirmed on Wednesday.
Vogue Philippines Names Trickie Lopa Editor in Chief
Owned by Mega Global Group Inc, the licensed edition of Vogue promotes its deputy editor for art and culture to lead the publication.
Report: Charlotte Tilbury Complicates Estée Lauder-Puig Merger Talks
According to Spanish newspaper Expansión, the founder of the British cosmetics brand’s desire to renegotiate her earn-out and compensation structure has stalled merger discussions.
Lululemon Criticises Chip Wilson, Sets Proxy Vote
The company rejected the overtures of founder Wilson to install new board members and set a shareholder vote for June.
Gucci for the People: A Times Square Takeover
Demna’s revamp of the Italian mega-label came into further focus with a cruise show staged in the middle of New York’s iconic Times Square, reports Angelo Flaccavento.
Acne’s Big Breakout Moment
Despite affecting more than 1.7 billion people globally, acne care has been slow to innovate. Now a cohort of challenger skincare labels, from the likes of Alix Earle and Lili Reinhart, is paving a new landscape.
LVMH Sells Marc Jacobs to WHP Global
Jacobs will remain in his role as creative director.
Violette Serrat, Andrew Dahling, Dr. Fatima Cody Stanford and Jane Hertzmark Hudis to Speak at The Business of Beauty Global Forum 2026
The Business of Beauty Global Forum 2026 returns to Napa Valley this June. Request your invitation to attend our annual gathering for leaders shaping the global beauty and wellness industry.
The BoF Podcast | Inside Saks Global’s Four-Month Bankruptcy Sprint
Saks Global CEO Geoffroy van Raemdonck joins Imran Amed and Cathaleen Chen to explain how he is steering the retailer through bankruptcy in record time — and why he’s betting on the resilience of the American luxury customer to fuel what comes next.